other_material
confidence high
sentiment negative
materiality 0.70
Anywhere cuts Q2 2025 EBITDA guidance to $125-135M on softer homesale volume; reaffirms FY $350M
Anywhere Real Estate Group LLC
- Q2 2025 Operating EBITDA estimate lowered to $125M-$135M from prior view due to softer homesale transaction volume.
- Full year 2025 Operating EBITDA reaffirmed at ~$350M, expecting improving H2 volume and cost savings.
- Revolver borrowings at $655M as of June 16, down from $680M on May 5; includes $41M legacy tax payment.
- Securitization facility amended: size reduced to $180M from $200M, term extended to Jan 15, 2026.
- Headwinds: declining affordability, constrained inventory, market volatility, and litigation uncertainties.
item 7.01